TMI Blog2003 (10) TMI 470X X X X Extracts X X X X X X X X Extracts X X X X ..... SDR, for the Respondent. [Order Per : G.A. Brahma Deva, Member (J) (Oral)]. These are three stay applications filed by the applicants for the waiver of pre-deposit of duty as well as penalty covered under the respective impugned orders. 2. In respect of all these stay applications it was submitted by the Counsel for the appellants that when old Section 4 in force from 1-10-1975 to 30-6 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Hyderabad Collectorate Trade Notice 136/75, dated 12-8-1975. 3. Shri Chidananda Rao, ld. Counsel for the applicant submitted that where the law provides for declaration of ceiling price and since the assessee is selling goods at a lower price, that lower price should be taken as basis in determining the assessable value. He also submitted that the issue involved herein has been covered by the d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r different interpretation with reference to the Circular by the Court including the Apex Court, the Circular is binding on authorities as it was held by Supreme Court in the case of CCE, Vadodara v. Dhiren Chemical Industries reported in 2002 (143) E.L.T. 19 (S.C.). In the facts and circumstances, taking into consideration the different views expressed by the different Benches and in view of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
